Please make money.
Page 106
"Hiring a designer?"
"No, I'm hiring programmers. I need to make a collaborative design tool first, and then spend at least a week to let all my colleagues in the design department learn how to use it. Only then can 50 designers work overtime together to design. So I may not achieve anything in the first week or even the second week."
Young Master Jing was stunned for a moment. He didn't expect to meet someone who must sharpen his tools before doing his job well.
Collaborative design tool software? What is that? Is it useful? Is it necessary? Isn’t design just a matter of moving the mouse?
He looked back at the box behind him, then gritted his teeth and said, "Add! How much do you want?"
"thirty million!"
The labor costs of 50 designers, 100 programmers, three design projects with three styles each, a total of nine specific products, the purchase, testing, and loss of components required to design these products, and the so-called smart home human-computer interaction and Internet of Things platform trial and error and internal testing that were constantly emphasized throughout the process...
"Is thirty million enough?"
"If it's not enough, I'll ask you for it again. Can you give it to me?"
"…I'll sell everything I have for you!"
126-Rich? No! So poor that I have to sell my house!
"Is this the reason why you, President Ai, gave the design department a budget of 30 million?"
Liu Jin looked at Young Master Jing, wanting to say something but stopping himself, and finally letting out a long sigh that was difficult to express.
Design - move the mouse - 30 million? !
Young Master Jing didn't think there was anything wrong at all. Everyone was busy these days and his focus was not on these trivial matters.
And to be honest, my sister made you spend 30 billion just because of one sentence. I'm only spending 30 million now. Why are you reacting so strongly?
"Mr. Liu, do you have anything else to say?"
"Yes, ahem... it's like this, our consumer electronics sales department has some debts to pay back."
Liu Jin had no other way to get the money out of the design department, so he had to give up and get down to business.
Actually, if someone hadn't come to collect the debt, why would he bother nagging Young Master Jing about the budget expenditure of tens of millions.
Does spending money matter to the CEO? If the CEO doesn't spend money, how can the subordinates get the budget?
But you have to spend your money on the blade - at the very least, on the back of the blade - if that doesn't work, on the handle - so how can you spend it on the scabbard?
Young Master Jing, who had just allocated 30 million to the scabbard, was stunned when he heard that someone was asking for repayment: "What do you want to pay back?"
“The supplier’s money.”
"……what?"
"The money owed to suppliers - that is, the money for purchasing raw materials for the products we made before, has not been paid to them."
Who spends cash these days when big companies spend money? Giving an IOU is considered conscientious. If it doesn't work, then you can just turn the debt into equity and treat it as an antique. We are one family and don't have different opinions.
Otherwise, the future Second Young Master Jing would not be regarded as mean. He learned a lot of bad habits from his sister, the worst of which was that he never cheated anyone when the money was paid in cash.
However, the current Mr. Jing does not have the domineering spirit he will have in the future. His first reaction now is that since the money is owed, he should pay it!
The second reaction was to take a deep breath when seeing the bill Liu Jin handed over...
"Why—why are there so many?!"
The smallest single transaction was 20 million, and the largest was as high as 170 million. The total amount of money was almost 500 million.
When I flipped through the other party's company directory at the back, I found all kinds of supply chain manufacturers, big and small, which was more complete than looking in the corporate yellow pages.
"When Mr. Ai was the CEO, he would sell the goods first and then settle the accounts, and it would take several quarters."
Liu Jin was also helpless. The previous boss was not capable, so what could they, the subordinates, do?
Now the Second Young Master Jing wants to make a big splash, and his subordinates are going crazy and are becoming inward-looking, and the suppliers in the supply chain are not happy about it.
You haven't paid the money you owed previously, and now you're making trouble again?
You can order the goods! You should settle the previous debt first! Then we can discuss cooperation!
Young Master Jing thought for a moment and said, "I need to ask Mr. Lei about this account... Does the group still have money?"
"Yes." Liu Jin looked at his nose with his eyes and his heart with his nose.
"That's good!"
"But we don't have that in our consumer electronics sales department."
"……what?"
"The group has money. It is the group that has money. The eldest lady wants to invest. She uses the account of the investment department managed by the financial insurance department. She is planning for the future in the name of the group."
In other words, investment is for the purpose of making more money in the future. This reason is tenable. The more you invest, the more you earn, and no one inside or outside the group can complain.
But if you pay the debt now, that is your consumer electronics sales department's own debt, so you have to pay for it yourself.
Taking money from Peter to pay Paul? It's not impossible, but the question is, what qualifications do you have to take money from other departments?
You are not the chairman, you are not the financial manager of the group, and you are not the largest shareholder with absolute control...
You have to follow the rules when you are out there. What's the point of bragging? A good boss should be able to make money and share the money!
Young Master Jing has divided the money now, but that is only for internal use, and he has no idea of making any money. Those supply chain suppliers think that Young Master Jing is a talker but not a doer, and now they come collectively to collect their debts, making a scene like a bank run, but it seems that there is no problem.
Young Master Jing was not stupid either. Looking at Liu Jin's appearance and the bill in his hand that looked like a time bomb that could explode at any time, he finally understood.
What the suppliers don't trust is not the Ai Group, but him, the person in charge who came to power inexplicably!
Liu Jin felt a little uncomfortable watching this. After all, although the Second Young Master Jing was not very capable, he was still better than a tied dog.
And if he can be better than a tied dog, then he is naturally much better than his father - rounding it off, he is also a wise ruler!
"Boss Ai, you can make an appointment to talk with them and give them a portion first to appease their hearts... Another way is to divide them and give some of the money to some of the most important and alternative suppliers. You can convert the payment into debt first, and then settle the interest first, and then slowly pay the principal. After all, the group is in need of money everywhere now, so there is no other way to do this."
Liu Jin is absolutely thinking from the perspective of the interests of the Ai Group. Nowadays, it is estimated that those who run a business with a market value of 1 billion yuan cannot even squeeze out 20 million in cash.
Why? Because of expansion, of course!
The market has to expand by borrowing money and constantly spending money to grab territory and market. Who would keep so much cash flow? It would be great if money could make money.
For example, a certain company realizes a profit of 5000 million yuan per year, but in order to expand its production and operation scale, it invests 3 million yuan to expand its production line.
According to the bank's project investment funding requirements, the 30 million yuan investment company must contribute a minimum of 70%, and the remaining % will be supported by project loans.
An annual profit of 50 million is not enough, and another 50 million must be invested. Such a project is expected to take three years to build - so won't there be no money left?
During the project construction period, even an enterprise with an annual profit of 50 million will have its capital chain become extremely tight, not to mention the problem that it may not make money after completion.
By then, the market supply and demand will have changed, there will be overcapacity, technology will have evolved, the overall environment will have adjusted, and related policies will have changed...
As time goes by, many companies that seemed to have good balance sheets and abundant assets at first glance disappeared without a single splash.
There are very few companies that can have abundant cash flow. They are either those that play with hot money or those that are huge enough to afford trial and error.
The Ai Group was lucky enough to get a bit of both, but if you really want to calculate, even the landlords don't have enough food.
At least their consumer electronics sales department is gone...
Young Master Jing pondered for a long time, took a deep breath, and made up his mind: "I have a solution!"
"What's the solution?" Liu Jin listened attentively: "Boss Ai, tell me, and I'll do it."
"No, my solution is..."
……
……
"Your solution is to find me a little customer service?"
Alia pointed at her face and said, "Look at the way I'm dressed. Do I look like I have 50,000 yuan on me?"
"This……"
"Five hundred million more... Here, I'll give you two bottles of Yakult. See if there are five hundred million probiotic bacteria in them."
Young Master Jing, who was holding the Yakult, rubbed his hands with a flattering look on his face.
"Sister... well, please talk to Mr. Lei and treat it as our Consumer Electronics Sales Department asking them to borrow money. How about I calculate it based on the interest?"
"How much to borrow?"
"Just borrow five hundred million - no, just borrow six hundred million. It's not much. What they have is..."
Aaliyah rolled her eyes, took a sip of tea, smacked her lips and kept silent.
They were now in the tea room of the customer service office of the home appliance after-sales department, surrounded by young ladies coming and going to rest, drink water and get water.
Ailiya, such an "inconspicuous" little customer service, and the even more inconspicuous sister Jing, in the corner, opened their mouths and asked for hundreds of millions, which inevitably aroused everyone's curiosity.
"Xiao Ai, who is this? Your boyfriend?"
"My brother - do you think he looks like someone a girl would like?"
"Pfft...your brother looks very handsome, but a little delicate..."
No matter how domineering Young Master Jing is, he is still a quail in front of his Tyrannosaurus-like sister.
He looked so cautious that he didn't look like a successful person at all. Instead, he looked like a poor intern who was begging for help to buy insurance.
The group of girls joked for a few words and then went back to their work, thinking that the hundreds of millions they were talking about were Vietnamese dong.
The customer service department is busy on a daily basis, and many young ladies are too lazy to care about any changes in the group's senior management. It has nothing to do with them anyway.
Even those who were paying attention could not recognize at first that this was the spirited sister Jing. Who told her not to wear her work badge and act cool?
"Make way, little brother doesn't have to go to work, right?"
An old customer service lady pushed past Mr. Jing and took out a few packets of tea from the cabinet behind him, looking very old-fashioned.
"Xiao Ai, I'm not being nosy. We are at work and we have to live up to our salary. It's ok for you to be lazy, but don't bring people from irrelevant departments to your workstation..."
"Go away, go away. I'm not in the mood to play with you. I'm annoyed."
Alia waved her hand, too lazy to pay attention to this old sister in the workplace who never got enough of reporting on her work every day.
"If you're unhappy, go and tell your supervisor about me. See if he'll give you a bonus and that'll be it. I didn't ask you for money during my break. You're always causing trouble all day long... So how much do you still owe me?"
Young Master Jing looked at the older sister in the workplace, then looked at his own biological sister, and it was clear at a glance who was right and who was causing trouble.
He immediately straightened his back and pointed at the older sister in the workplace: "Hey - you -"
“Pah—”
Alia slapped him on the head. "I'm asking you a question, don't talk nonsense. My break time is only 20 minutes."
"Oh... more than 504 million... maybe there are some rebates and the like that are not explicitly calculated."
As for consumer electronics, rebates have to be given to everyone, from selling mobile phones to selling large household appliances, from offline salesmen to regional dealers.
Otherwise, why are offline mobile phone salesmen always so enthusiastic when selling certain phones, but ignore questions about other phones?
Because some mobile phones can give a commission of more than one hundred or even several hundred yuan, while some mobile phones only give ten or dozens of yuan, which is of course a difference in treatment.
Ailia stroked her chin thoughtfully, "Six hundred million may not be enough. Plus, it will take three months for a new product to be launched. If it sells, even if it's a hit, it will probably take until next year to generate a large amount of new revenue... In other words, if we don't pay them this time, won't we have anything to pay for half a year?"
Young Master Jing scratched his face and said, "My dad didn't give it to them last year."
Alia also remembered this, because when she first came to the company headquarters and strolled around, she had seen debt collectors and those eye-catching collection letters.
At that time, she was not even a customer service representative, and Young Master Jing was not even the CEO. Who could have thought that such a bunch of problems would fall into her hands?
"Sister, do you mean give or delay?"
"Of course we have to give it, and not only that, we have to pay interest... The question is where the money will come from."
"Ask Mr. Lei for it!" Young Master Jing urged Alia: "The group has money!"
"...Boss Lei must be very pleased that you trust him so much."
Only Prime Minister Lei went to the notebook, otherwise he would have to compete with Young Master Jing.
"What should we do? If we set up a separate consumer electronics sales department, we wouldn't be able to come up with so much!"
"It's just the normal process. If you don't have money, ask the bank for a loan. Don't you know how to get a loan?"
"But what collateral? That's 500 million!"
"No, I'm borrowing 1 billion yuan. I just need it. As for what to use as collateral?" Alia stomped her feet and said, "What is this?"
"...?"
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